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Exodus Announces Common Stock Tokens on Solana with Superstate
Globenewswire· 2025-10-20 11:20
Core Insights - Exodus Movement, Inc. has announced that shareholders can hold their Class A shares as common stock tokens on the Solana blockchain, facilitated by Superstate [1][2][3] - The company is the first publicly traded entity to offer a common stock token, which is also available on Algorand, showcasing its commitment to multichain functionalities [2][3] - The CEO of Exodus emphasized the importance of tokenization in the financial sector and expressed excitement about the integration with Solana, which hosts a vibrant community of crypto enthusiasts [3] Company Overview - Exodus is a financial technology leader that provides secure and user-friendly crypto software solutions, making digital assets accessible since 2015 [5][6] - The company offers self-custodial wallets that allow customers to manage their funds independently, along with business solutions like Passkeys Wallet and XO Swap [6] Technology and Platform - Superstate's Opening Bell platform, launched in May 2025, enables companies to issue tokenized public equity on blockchains, starting with Solana [4][7] - The platform allows for compliant and programmable equity to engage with digital finance ecosystems, enhancing liquidity and capital formation [7]
Exodus Announces Common Stock Tokens on Solana with Superstate - Exodus Movement (AMEX:EXOD)
Benzinga· 2025-10-20 11:20
OMAHA, Neb., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE:EXOD) ("Exodus" or "the company"), a leading self-custodial cryptocurrency platform, today announced that company shareholders may choose to hold their Exodus Class A shares with common stock tokens on the Solana blockchain, enabled through co-transfer agent Superstate. These digital representations are not shares, but reflect a shareholder's existing share ownership in the books and records of the transfer agent.Exodus' expansion to ...